24, MAIN AVENUE, ALLESTREE, DERBY, DE22 2EG - £404,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

24 MAIN AVENUE is a very large extended detached house of 141m², built sometime between 1950 and 1966, which could now be worth an estimated £616,931. It was last sold for £404,000 in June 2015, which was around 91% above the average June 2015 detached price in the City of Derby local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was C.

24 MAIN AVENUE Sold Prices

Land registry data shows four sales for 24 MAIN AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the four 24 MAIN AVENUE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 22 JUN	£404,000	£211,304	91% above HPI
2002 3 MAY	£250,000	£105,051	138% above HPI
2001 10 APR	£240,000	£86,935	176% above HPI
1996 29 MAR	£78,500	£63,471	24% above HPI

24 MAIN AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Derby local authority area over time, sourced from the HPI. The four 24 MAIN AVENUE sales between March 1996 and June 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2002 sale was for 138% above the HPI. So the extrapolation line tracks at 138% above the HPI over time, until the June 2015 sale, where it falls to 91% above the HPI. The line then continues to track at 91% above the HPI.

What might 24 MAIN AVENUE be worth now?

24 MAIN AVENUE might now be worth an estimated £616,931.

This is based on house price inflation of 52.7%, between June 2015 and December 2024, for detached houses, in the City of Derby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 52.7% inflationary increase is applied to the most recent sale price for 24 MAIN AVENUE of £404,000 on 22nd June 2015. For the value to have increased from £404,000 to £616,931 over the eight years and six months to December 2024, the following assumptions must hold true:

• The value of 24 MAIN AVENUE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The June 2015 sale price of £404,000 represented a fair market value for the property.
• The size, condition, and specification of 24 MAIN AVENUE has not materially changed since June 2015.

How Large is 24 MAIN AVENUE?

24 MAIN AVENUE is 141m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the largest 20% of detached houses houses in Derby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Derby, and where 24 MAIN AVENUE lies on this distribution: 81% of detached houses houses are smaller than 24 MAIN AVENUE, and 19% of houses are larger. Note that EPC data is not available for all properties in Derby.

24 MAIN AVENUE: Plot and Title Map

24 MAIN AVENUE sits on a plot of roughly 0.168 of an acre, or 680m². The below map shows the location of 24 MAIN AVENUE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 24 MAIN AVENUE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 24 MAIN AVENUE?

24 MAIN AVENUE is located in ALLESTREE, in the DE22 postcode district. The below map shows the position of No. 24 on MAIN AVENUE.